After losing appeals for being delisted from the New York Stock Exchange (NYSE), state-owned operator, China Mobile Ltd. revealed intentions of raising $7.64 billion in a Shanghai listing on Tuesday. The move will mark the largest equity fundraisings for 2021 and came due to the NYSE decision to adhere to an investment blacklist presented by […]
Telecoms
U.S.-based telcos Verizon, AT&T, Intrado, and Lumen Technologies, reached a settlement with the Federal Communications Commission (FCC) over probes into a series of failed 911 calls throughout 2020’s network outages. According to the FCC’s compliance settlement documents, the operators will collectively pay a $6 million fine, all while consenting to secure compliance with the Commission’s […]
Next week, China Mobile will release its initial public offering and online subscription on the Shanghai main stock market board, making it the most prominent Chinese capital IPO of the decade. China’s largest telecom carrier was removed from the New York Stock Exchange earlier this year due to a ban ordered by former President Donald […]
Ooredoo Group announced it received a delegation of senior representatives of its partner ZTE as the two entities signed an extension of their existing partnership on Sunday. According to a press release by the Qatari multinational telecommunications company, it received a delegation of senior representatives of its partner ZTE as the two entities signed an […]
MTN South Africa announced the launch of two new MyMTN Home Uncapped speed-based plans on 5G, promising fast data speeds, low latency, increased reliability, and good coverage. As such, the company provides 5G across 125 coverage areas across South Africa’s provinces, and the home 5G contract plans are available for new or upgrading subscribers. Customers […]
Monty Mobile, the breakthrough has surfaced for Comium Gambia in the form of an expert consultant deal, which will revolutionize the operator’s network infrastructure to provide 4G+ technology. This partnership brings Comium back to life after Monty Mobile has settled in a week all the financial dues of the operator. With its services, expertise, in-house […]
In a move that could be violating people’s privacy, My Verizon app might be collecting information about people’s browsing history, location, apps, and contacts. This process is completed in the name of helping the company “understand your interests,” according to reports. The program, which Verizon appears to automatically get customers into, is called Verizon Custom […]
China Telecom Americas will be forced to leave the U.S. market by early January, following a ban issued in October, after it lost the bid to appeal against the revocation of its license. As such, the U.S. Court of Appeals for the District of Columbia Circuit denied China Telecom emergency motion to pause a Federal […]
Despite the increase in connectivity during the COVID-19 pandemic, around 2.9 billion people still have never used the internet, and 96 percent of them live in developing countries, a new UN report has found. According to the International Telecommunication Union (ITU), the estimated number of people who have gone online this year actually went up, […]
Retail giants Amazon, Aldi and Tesco are trialing checkout-free stores in the UK, where customers can conveniently grab their shopping and leave the store without visiting a cashier. It’s clear that consumers today expect intuitive digital services as standard — and supermarkets aren’t the only ones who should listen. The COVID-19 pandemic has accelerated digitalisation […]